Thea Energy

Reinventing the Stellarator

Kearny, United States · Founded 2022 · $140.0M raised

Headquarters
Kearny, New Jersey
Employees
51–200
Founded
2022
Business Model
B2B
Total Funding
$140.0M
Last Round
$100.0M Series BMay 2026
Rounds
3

About

Thea Energy leverages breakthroughs in stellarator physics and engineering to commercialize fusion energy. Founded in 2022 from Princeton University research, the company builds planar-coil stellarator systems using mass-manufacturable magnets and software controls to deliver scalable, steady-state, zero-emission baseload power.

Summary

Thea Energy is a Clean Energy company based in Kearny, United States, founded in 2022. It has raised $140.0M in total across 3 rounds, most recently a $100.0M Series B round in May 2026. Investors include Prelude Ventures, U.S. Innovative Technology Fund and Hitachi Ventures.

Tech & App Stack

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Funding History

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Series BSeries BMay 2026
$100.0M

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Seed through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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